Cash Flow Guys | Real Estate Investing & Cashflow Ideas - Inspired by Robert Kiyosaki / Rich Dad Poor Dad

There's been a lot of chatter lately about the US Debt Limit "crisis" that was created by our elected officials.  I'm not suggesting its not a crisis, it certainly is, yet 100% of the blame is shared by our elected officials on both sides. The easiest way to understand it is to think of it as a credit card that has a credit limit.  Imagine if you paid all your bills using that card and suddenly de...

For every landlord, the day comes where we find the need to raise the rents.  For many, this is a routine that happens annually or semi-annually.   The event can bring with it a bunch of emotions from landlords and their tenants, some good, some bad, some indifferent.   Nonetheless, there is a "right way" to raise the rent such that the most desired outcome for you is probable and that's what I am...

“Deal Shopping” tends to lend itself to the rose-colored glasses effect, everything is great, no worries here, this place is just under-rented, all ya gotta do is buy it and POOF double the rents and get rich right?  WRONG Before we go any further, let’s discuss the two types of vacancies. Physical vacancy applies to actually empty units (nobody living in them) Economic vacancy identifies the diff...

In this episode, I discuss recent headlines as they pertain to our current and future financial crisis.  Recently, Tax Attorney Mark Kohler put out a great video about proposed changes to tax law that could have a massive impact on those who use IRA's to invest.  You can watch this on youtube by following this link: HTTP://CashFlowGuys.com/IRAdrama This impacts house flippers, real estate syndicat...

Nobody enjoys making low ball offers - Let’s be honest….its painful! Brokers / Wholesalers / Sellers always “guess” at the asking price, that’s right, I said guess.  Why do I say this?  Because it’s true, let’s think about it for a minute.  The Realtor does a market analysis and /or the seller is super savvy and gets an appraisal to help them determine the fair market value of their home.  In almo...

In this, the 300TH episode of the Cash Flow Guys Podcast I sit down with J Massey of Cash Flow Diary to discuss the amazing possibilities that can be had by investing in Short Term Rentals.   As a student of J's Jill and I have built an incredible STR business that allows us the freedom to run it from anywhere in the world.   Recently, we relocated to Key West, Fl to begin buying up long and short...

In this episode, I talk with my investment partner Mike Marino and our CPA John Hartung for the Cashflow Capital Investment Fund we have opened recently about the pros and cons as it pertains to investing in syndications of all kinds. We discuss the several ways a syndication or investment fund is taxed and also how the individual investors are taxed. Did you know it's possible to achieve a zero t...

Lately, I’m seeing signs of supply chain issues that could potentially impact the income I make from my rental properties and other real estate deals. In this episode, I break down what I am seeing as it pertains to labor and materials shortages and how that can impact all real estate investors worldwide. Don’t underestimate how the current and upcoming shortages can and will impact your business....

The term equity multiple is used by syndicators/deal sponsors as a fancy way to discuss return on investment. Google Definition: Equity multiple is a metric that calculates the expected or achieved total return on an initial investment. It’s calculated through an equity multiple formula that divides the total dollars received by the total dollars invested. Equity Multiple = Total Distributions / T...

Earnest money is defined by Google as “money paid to confirm a contract” and in my opinion, is one of the most important elements of putting a deal together. In Florida (and I believe in all US States) for a contract to be considered enforceable, there must be “consideration” which is most often meant to be some sort of cash deposit or earnest money Wholesalers are notorious for not using earnest...

My oh my, what a week! There I was watching Uncle Joe on C-Span tell me that the eviction ban is over and that there have been legal challenges brought forth by the Supreme Court declaring the ban unconstitutional. He then said that it's unlikely the views of the Supreme Court would change. As a reasonable person with average logic skills, I took this to mean that the eviction ban was finally over...

When analyzing potential deals there are lots of different formulas you can use to see if a deal with worth pursuing. All of these formulas depend on accurate data to generate an accurate end result.   The 1% Rule - Defined as the expected monthly rent divided by the ARV or After Repaired Value of the home. This rule is what I nickname the "Bigger Pockets Rule" because if you use this you will oft...

In this episode, I interview Kyle Rodgers of Botfox about how to leverage a little-known, under-the-radar method to find motivated seller leads and cash buyer leads. When Kyle got started wholesaling, he quickly discovered that generation can get expensive really quickly.  Also, he discovered that it takes a great deal of time to generate leads when you are going at it all alone.  He needed to fig...

There comes a time in every investor's lifespan when it just seems time to give up.  Although for most, I wouldn't agree, but for some, perhaps they are correct in arriving at this decision. Here's what I mean... We all know the riches and fame that can come from being a real estate investor, blah, blah...but it can also destroy people faster than it can make them a rockstar. Real estate investing...

Recently I was attending YouTube University by watching a suggested video on my feed titled “Zillow is Manipulating The Real Estate Market, They Need To Stop”.  I’ll admit, the title was a great hook that sucked me into watching the video.  The host of the video spent the entire 18+ minutes whining about how unfair Zillow is being by buying up properties from the market and reselling them.  I supp...

Recently I sold a property and prior to listing it for sale, I searched for sold properties in MLS and public records.  I prefer to keep tabs on what’s happening in this ever-changing market to be sure I am capturing the most up-to-date data available.  My searches did not reveal any other recent sales that were comparable to the home I was selling. The seller got an appraisal which came back at $...

Do you have the courage to crash? While watching a seabird hunt recently I watched him take action to go in for the kill on his next meal. He tucked his wings to reduce wind drag and slammed himself into the ocean (head first) to capture his dinner.    The seabird spends much of his day flying around as opportunistic feeders do, but, when he sees the opportunity he does not think much about it, in...

In this episode, I interview Mike Marino who recently realized a $288,000 Tax-Free Profit earned from his real estate activities.  Many don’t realize that if you take the time to educate yourself on financial matters, the benefits can far exceed your wildest imagination.  By surrounding yourself with a team of people who have expertise in subjects you do not, unimaginable wealth is possible.  In t...

There was a time where I thought it was best to do just about everything myself, partly because I lacked the patience to invest the time to find good people to handle specific tasks for me on a regular basis. There was also a time where I mistakenly thought of some of the experts in the real estate industry to be a thorn in my side or worse...deal killers.  This was a clear example of a misguided...

As many of you know I have moved to Key West this year as a full-time resident.  I decided to ramp up my business as a Realtor down here in paradise because….why not, it’s hard to say no to the commission on the sale of million-dollar houses. Moving down here meant starting from scratch for the most part. None of my Realtor marketing applies down here because I am now needing to target a completel...

Many say that inflation estimates are unreliable. This theory can be proven by simply watching just about any press conference involving Fed Chairman Jerome Powell as he struggles not to squirm when asked questions relating to inflation. The US Department of Labor recently reported a 4.2% increase in the annual consumer price index which means the cost of goods we purchase has increased by almost...

It’s not new news that we are still in a seller’s market and very likely will remain like this for a while yet. Some choose to sit on the sidelines, allowing their money to get swallowed up by inflation instead of taking steps to buy property despite market conditions.   As most of you know, I’m not a believer in named markets, because there is always more than one way to accomplish a goal, especi...

Over the last several years many people have asked and wondered how I specifically earn my income.  Was I a drug dealer?  Did I have rich parents?  Nope! In this episode, I peel back the curtain for everyone to learn where my income comes from. What's important about this episode, in particular, is that you understand that it's because I have multiple streams of income that I don't have to ever go...

Early on I learned from my Dad that if you want something in life you better go get it because nothing will ever be handed to me.   He also taught me the importance of “going for the close” also known as asking for the business. Humans tend to spend a great deal of time thinking about what they want and more time coming up with reasons they cannot get what they want. Such thoughts often lead us do...

For the last several years, many have enjoyed the rewards of investing in various forms of cryptocurrency under the assumption they could avoid the prying eyes of the government.  Some bragged about being able to conduct business and earn capital gains free of the worry of taxation. Those days are over… Last week I was listening to an episode of Rich Dad Radio titled “The IRS Versus Bitcoin” where...